Sgry 2 Top Stocks to Buy and Hold in Your TFSA
The SP/TSX Composite Index shed 94 points on Thursday, September 7. Some of the worst-performing sectors included battery metals, base metals, telecoms, and information technology. The odds of a Canadian recession have markedly risen in recent weeks, spurring volati
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lity in the stock market. Today, I want to zero in on three no-brainer stocks that I d look to snatch up in the event of a stock market correction. Let s dive in!Here s why you should be greedy when others are fearful in a correction!Warren Buffett is thought to have coined the now oft-repeated adage; Be fearful when others are gree
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dy and to Be greedy when others are fearful. This is not some advocacy for going against the grain. Indeed, it speaks to the core of Buffett s value investing philosophy. A bull market typically produces feelings of invincibility among investors, causing many to ignore value investing tenets. Meanwhile, a bear market often produces the opposite effect,
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and investors are unwilling to tak Dcuz 3 Stocks I Would Hold to Generate Sustainable Passive Income
Investment is a long-term game; there is no doubt about it. Like the Oracle of Omaha says: If you ar
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en ;t thinking about owning a stock for 10 years, don ;t even think about owning it for 10 minutes. This is all well and good when you are investing for retirement. If you are slowly building wealth through compounding, and you have time on your side, then conservative investment techniques usually give you the best chances of success.But you may have short-term investment goals. You may want to buy a good car, renovate your property, or plan a family vacation a
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broad in five years. Can ;t investing help you with that Of course it can, but the short-term prize comes with a catch.When you invest in growth stocks, it s better
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to have a higher level of tolerance for risk. But you can mitigate this risk considerably by diversification and picking good stocks.For this example, let s say I have allocated $20,000 for a short-term investments. I only have five years to grow my in